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View Diary: Why are Republicans calling for more tax revenue but not higher tax rates? (81 comments)

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  •  Sure , limit deductions (0+ / 0-)

    after you raise the rates on those making over $250,000 a year. Then cut deductions on home mortgage interest on the same group of high earners, lower the capital gains rate to the same rate as is paid by 401K owners who pay ordinary income tax on their withdrawals, and limit all mortgage interest deduction on second homes. Seems a good start to me.

    “The quality of owning freezes you forever in "I," and cuts you off forever from the "we.” ― John Steinbeck, The Grapes of Wrath

    by Miss Pip on Mon Nov 19, 2012 at 01:54:24 PM PST

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